All Forum Posts by: Jordan Rabb

Hi BP Community-

I was curious as to what you all think is the most efficient way to find deals. Theres so many different ways to do it but I'm curious as to what peoples opinions are when taking into consideration time & opportunity costs, as well as actual cost of advertising and marketing.

In my opinion, canvasing neighborhoods and just talking to people is efficient because its free. Of course it does take a lot of time and I wonder if Facebook ad campaigns or even skip tracing run down houses may be more efficient (with more up front costs).

Before I put money up front, I wanted to survey the community and see their best lead generation method is.

Thanks!

Frustrated Boston area investor here! I've been doing some research and I'm loving these south coastal states. It seems like theres a lot of economic growth in certain areas of Central/western Florida, Columbia SC, and Atlanta GA. I'd love to hear others opinions, though.

Is the attention these areas are getting making it impossible for investors to get deals close to 1% of rent to price ratio? My ideal scenario would be to attack fixer uppers in one market and turn it over to a management team. Am I sleeping on other areas that would be better with less competition? Are there any sleeping giants with great cash flow, but also potential booming economic factors?

I'd love to hear anyones experience in potential emerging markets.

Thanks!

Interesting @Joseph Cacciapaglia. I wouldn't be surprised if Florida was too hot of a market, and investors are staying ahead of it. Would love to hear from a Florida investor

Bump!! How does everyone still feel about Manchester 

@James E. @Chris Schleyer

@Sean McKenna its kinda light blue/ grey, with blue trim. definitely on the older side.

I appreciate that! ill definitely be in the area a lot, seems like there's some solid deals. I've pretty much had it with Massachusetts. I was looking in South Carolina and the west coast of Florida. but might just take it slow and poke around Manchester until the market pulls back

@Justin Tuminowski ah hate to hear that about ARV. Yup, no use in getting attached to it before the inspection. Thanks for the help.

@Justin Tuminowski @Sean McKenna the one I have under is on Oakland Ave. It looked good on paper because its near a hannaford, cvs, a little shopping center and Billys sports bar. I may be way off, but I think I can get 3000 in rent. It has 3 bedrooms on the first floor, 3 bedrooms on the second floor and an in law suite on the third floor with its own bathroom and kitchen. at 270k it seems like a good enough deal. Obviously ill make the decision after the inspection. 

right now I have to decide if I can live with these Manchester deals or just move out of market down south. investing in Boston has become impossible! Would love to hear your guys take on Manchester.

Frustrated Boston area investor here! I've been doing some research and I'm loving these south coastal states. It seems like theres a lot of economic growth in certain areas of Central/western Florida, Columbia SC, and Atlanta GA. I'd love to hear others opinions, though. 

Is the attention these areas are getting making it impossible for investors to get deals close to 1% of rent to price ratio? My ideal scenario would be to attack fixer uppers in one market and turn it over to a management team. Am I sleeping on other areas that would be better with less competition? Are there any sleeping giants with great cash flow, but also potential booming economic factors? 

I'd love to hear anyones experience in potential emerging markets. 

Thanks!

No idea, but I have something under agreement in Manchester - which I dont know much about either - would love to hear peoples input.

Hi! I'm from Boston, I've done a few condo conversions with success. BRRRR has peaked my interest, but Boston doesn't seem like a great market for it. I've had trouble finding properties that ill be able to cash out refi, appraise and get my money back, and on top of it all, they won't cash flow when it is all said and done.

What are some of the better markets to BRRRR in?